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Holding Company for Roads and Bridges looks to secure USD 500 mn worth of Iraqi rail projects. PLUS: Mermec, Fawry, Amoun + Atlas, EBRD + CIB
Iraq has a plan to spend USD 100 bn on infrastructure over the next three years
Tamweel Mortgage Finance, AT Lease close securitized bond issuances
The two transactions bring the total value of securitized bonds issued in Egypt this year to more than EGP 32.9…
Baron to invest EGP 3 bn in five local hotels and Zanzibar expansion by 2026: PLUS: EFG Hermes + Maarif Education, Compass Capital + CI Capital, Green Coast, Edafa, Orascom Pyramids Entertainment, Bank NXT + Mindgate Solutions
The group is heading to Tanzania in 2025 with its first hotel outside Egypt that will house 150 suites
GlobalCorp to increase issued and paid-in capital to fuel service portfolio expansion
The firm will raise its issued capital to EGP 1.5 bn and its paid-in capital to EGP 1.4 bn by…
The FRA has new securitization regulations
The FRA is working to create a more investment-friendly environment
Beltone Financial Holding, CRIF alliance is setting up Egypt’s second credit rating agency
The Middle East Rating and Investors Service is currently the country’s only rating agency
Amid rising interest rates, Middle East sustainable bond issuance drop in 9M 2024
Sustainable sukuk issuances in the region remained essentially flat at USD 6.1 bn in 9M 2024
NRA to launch tender for the management of Bashteel’s garage. PLUS: News from Orascom Development, EBRD, B.TECH
The investor will be responsible for maintenance, cleaning, security, and utilities throughout the 10-15 year lease
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